BIDDING OPENS in...

Map & Location

Map   Street View   Satellite

Description

  • Status: Available
  • Type: Commercial
  • Ownership: Freehold
  • Occupation: Tenanted

INCOME PRODUCING INVESTMENT Let To Scotmid Co-Op Funerals - Expiry: November 2027 - Passing Rent: £16,500p.a Ground, part 1st & bsm Floors - 2,562sq ft Town Centre Premises in PROMINENT LOCATION

The property is held on a full repairing and insuring head lease to Scotmid Co-op Funerals at a passing rent of £16,500 pa until November 2027.

Internally the property is presented in a standard in keeping with suspended ceiling throughout, partitioned rooms, carpeting throughout along with tea prep and w.c facilities to the rear.

The property has been calculated to extend to the following area: Ground: 79.81sqm (859sq ft) Basement: 153.37sqm (1,651sq ft) 1st (store): 4.84sqm (52sq ft) Total: 238.02sqm (2,562sq ft)

The property is situated on the north side of Bridge Street at its junction with Bruce Street and High Street in Dunfermline’s town centre.

INCOME PRODUCING INVESTMENT Let To Scotmid Co-Op Funerals - Expiry: November 2027 - Passing Rent: £16,500p.a Ground, part 1st & bsm Floors - 2,562sq ft Town Centre Premises in PROMINENT LOCATION The property is held on a full repairing and insuring head lease to Scotmid Co-op Funerals at a passing rent of £16,500 pa until November 2027. Internally the property is presented in a standard in keeping with suspended ceiling throughout, partitioned rooms, carpeting throughout along with tea prep and w.c facilities to the rear. The property has been calculated to extend to the following area: Ground: 79.81sqm (859sq ft) Basement: 153.37sqm (1,651sq ft) 1st (store): 4.84sqm (52sq ft) Total: 238.02sqm (2,562sq ft) The property is situated on the north side of Bridge Street at its junction with Bruce Street and High Street in Dunfermline’s town centre.

The property is situated on the north side of Bridge Street at its junction with Bruce Street and High Street in Dunfermline’s town centre. Dunfermline is situated on the east coast of Scotland within the Kingdom of Fife some two miles north of the River Forth. Dunfermline is widely regarded as the principal town within Fife with a resident population of approximately 45,432 persons as at the Census update in 2006. Dunfermline’s population increased by 6.3% between 2001 and 2006. The population of Fife as at the 2001 Census was 349,429 persons, therefore there is a considerable regional catchment. Dunfermline is well served by an excellent local road network linking to the central motorway system (M90) at the Halbeath Interchange in close proximity to the subject site. The town benefits from an excellent bus terminus to the north of the town centre and two railway stations, Dunfermline town station to the south of the town centre and Dunfermline Queen Margaret Station to the east. Edinburgh Airport is situated approximately 13 miles to the south of Dunfermline.

Full Address: 2 Bridge Street, Let Scotmid Investment, Dunfermline, KY12 8DA

Show More

Tenancy Details

Type of Agreement: Full Repairing & Insuring (FRI)
Length: 2 Years
Rent: £16,500 per year / £1,375 per month
Yield: 13% (approx)
Tenant: Company
Notes: Held On F.R.I Lease - Let To Scotmid Co-Op Funerals - Expiry: November 2027 - Passing Rent: £16,500p.a

Document Downloads

  Legal Pack (Pending)

 * Click the above 'Pending' document link to log your request and we will notify you once available.

Pricing Information & Bidding

Opening Bid: £128,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

How to Bid... To take part in the online auction you must firstly create a bidding account. Once you have a bidding account you can then login and place bids during the auction. Please click on the following link to view the latest Online Auction Bidders Guide now.

View Live Online Auction

Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

Submit Offer Now

SPECIAL Terms of Sale

  • 10% Deposit
  • Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
  • 4 Weeks Completion or Longer By Agreement
  • Contribution to Sellers Costs £2,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

Payment Calculator

Please use our PAYMENT CALCULATOR to confirm the necessary reservation deposit for this property if you are successful with an offer now or bid at auction.

Payment Calculator

Auction Details

Date & Time: 27 March 2025, 10am-3pm
Type: Timed Online Auction

View Full Auction Catalogue